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Suing Toyota? Get in Line
Posted on Mar 02, 2010
Toyota has recalled over 8 million vehicles due to defective and dangerous problems with the accelerator systems. It has been admitted to by top executives that they knew of the problems months ago but continued to sell the vehicles to the public.
Several class action lawsuits for injury and death have been filed against Toyota, the world's largest automaker.
While cases related to injury and death are the most obvious cases that will be brought, cases under Consumer Protection Acts for damage to the value of consumers vehicles will be another type of case filed. Given the fact that Toyota executives have readily admitted before congress while under oath that they had knowledge of the defective vehicles, and still continued to market the automobiles - this gives rise to actions under the Tennessee Consumer Protection Act.
Under the Tennessee Consumer protection Act manufactures of products that use unfair or deceptive practices while marketing their products can be held liable for three times the actual damage suffered by consumers. The sellers can also be held liable for attorney fees and litigation costs.
The obvious damage to consumers will be the diminution (loss or reduction) in the value of consumers Toyota vehicles. In a nutshell - anyone who purchased one of the recalled Toyota vehicles after Toyota knew of the problems but deceitfully concealed these facts - might just be entitled to three times the value they lost to their vehicle.
Read More About Suing Toyota? Get in Line...
If you, a family member or other loved one has been the victim of a dangerous or defective product or machine, you need an experienced medical product liability lawyer. Please call or click to speak directly with an attorney with The Williams Law Group. We can help!
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